Astral Q2 PAT seen up 37.6% YoY to Rs 121 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Astral to report net profit at Rs 121 crore up 37.6% year-on-year (up 61.1% quarter-on-quarter).

Net Sales are expected to increase by 35.8 percent Y-o-Y (up 44.9 percent Q-o-Q) to Rs 1,014.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 32.1 percent Y-o-Y (up 46.6 percent Q-o-Q) to Rs 189.7 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.